
TCV
250 Middlefield Road, Menlo Park, CA, 94025, United States
Overview
TCV provides capital to growth-stage private and public companies in the technology industry. It also provides management teams with data-driven insights, sector expertise, access to world-class talent, and connections with category leaders. Founded in 1995, the Silicon Valley-headquartered firm has invested more than $14 billion in over 350 growth-stage technology companies to date. Some of its most prominent portfolio company exits include Airbnb, Facebook, Netflix, Peloton, and Zillow.
- Total investments
- 150
- Lead investments
- 106
- Investments · 12mo
- 15
- Active investors
- 15
Sector focus
- Business Development
- Finance
- Financial Services
Investment portfolio
- Onyx Security
Participated · Series B · Jul 2026
Onyx Security is developing an agent-native security and governance platform that continuously discovers enterprise AI agents, inspects every step of their reasoning, and intervenes when necessary to block, require human approval, or redirect agent actions. The unified control plane gives security teams visibility, posture management, and runtime protection, while helping governance teams satisfy regulatory requirements and enabling infrastructure teams to optimize cost, accuracy, and latency. Executives can also track AI adoption and performance metrics through the same dashboard. The system is powered by proprietary supervisory agents and in-house AI models purpose-built to understand and manage other agents in real time. Co-founded by cybersecurity veteran Maxim Bar Kogan and former Nvidia AI researcher Gil Elbaz, the company already serves multiple Fortune 500 customers and employs more than 70 people across Israel, the United States, and Canada. Headquartered in New York and Tel Aviv, Onyx plans to use its new capital to expand product and engineering teams, build additional AI models, and scale go-to-market efforts. The business has raised $40 million to date but has not publicly disclosed revenue or user numbers.
- Fireworks AI
Led · Series D · Jul 2026
Fireworks AI is described as a startup focused on AI infrastructure solutions. The company recently completed a $1.5 billion funding round that values it at $17.5 billion, indicating strong investor interest and a significant jump in its financial profile. The round was led by Atreides Management, Index Ventures, and TCV, with contributions from NVIDIA, Evantic, and Lightspeed Venture Partners. Public reporting frames the raise as part of growing investor confidence in AI infrastructure. The articles do not provide details on specific products, revenue, users, founding year, location, or operational metrics.
- ICEYE
Participated · Series F · Jun 2026
ICEYE owns and operates a large synthetic aperture radar (SAR) satellite constellation designed to deliver persistent monitoring and change detection anywhere on Earth. Its customers include organisations in defence and intelligence, environmental monitoring, insurance, and emergency management. The company says its capabilities enable fast decision-making and contribute to safety and sovereign intelligence needs. Founded and headquartered in Finland, ICEYE operates globally with over 1,000 employees across multiple countries, including Poland, Spain, the UK, Australia, Japan, the UAE, Greece, and the US. Financially, ICEYE reported scaling revenue, profitability, and cash generation in 2025 and has secured a €300 million 3-year committed revolving credit facility to support growth and provide liquidity; the article also states the company has previously raised over $760 (amount as reported).
- Corgi
Led · Series B · May 2026
Corgi is an AI-native, full-stack insurance carrier founded by Emily Yuan and Nico Laqua and headquartered in San Francisco. As a licensed carrier, it designs and manages insurance end-to-end and uses AI to power underwriting, policy management, and claims operations. The company launched its platform after receiving regulatory approval in July 2025 and initially focused on property-management insurance for startups. Corgi plans to expand its product suite into new verticals including trucking, payroll, and small-business insurance while broadening coverage and distribution. Financially, Corgi has raised over $268 million to date, including a $160 million Series B at a $1.3 billion valuation. The company is investing the new capital in AI systems, faster quoting, adaptive risk models, and operational scaling to support its growth plans.
- Mercury
Led · Series D · May 2026
Mercury offers integrated banking services and finance tools—cards, invoicing, bill pay, spend management, real-time insights, and intelligent categorization—aimed at helping startups run their finances in one place. The company reports more than 300,000 customers, including roughly one in three U.S. startups, and reached $650 million in annualized revenue in Q3 2025. Mercury has delivered four consecutive years of profitability on both GAAP net income and EBITDA measures and saw a 2.5x increase in applications in Q1 2026 versus Q1 2025. Recent product expansions include Mercury Insights (an in-product AI financial tool), the Model Context Protocol (MCP) for secure model access, a command-line interface (CLI), and the acquisition of Central to add AI-native payroll. Mercury expanded Mercury Personal to qualified U.S. applicants and plans to introduce Mercury Command later in the year, an in-account AI workflow for end-to-end financial tasks. The company also announced conditional OCC approval to establish Mercury Bank, N.A., which it says will enable services like Zelle, expanded lending products, and deeper payments infrastructure.